Important Deliverance by Mr. George Bronson Rea Before the National. Foreign Trade Council of America Mr, George. Bronson, Rea, editor and publisher of the "Far Eastern Review" appeared before the National Foreign Trade Council at its Gonvention at Detroit, Michiz May 2%, 28 the representative fof the American Chamber of Uommerce of Shanghai, In the course of the convention, he delivered the following address, which has already received widespread publicity in the United States and parts of which fixe here reproduced:
I come before you as the Dele. gate of the American Chamber of Commerce of China. T have lived in 'China for 25 years as the pubisher and editor of the "Far 'Bastorn Review," the only American' trade and- industrial magazine that part of the world. At-one time "war intimately ~associated with Dr. Sun Yat-sen. as adviser' in charge of his railway programme. holding property in China to openly approach his own Government for' the protection he is legally entitled to, 'The resolution of the American Chamber of Commerce of China calling upon our Government for' international armed intervention for: the preservation of foreign lives jand properties is the only instance [where our business men have gone on record in defence of their own interests, Trade Subordinated to Missions To speak plainly, the fundamental American Open Door doctrine for he: protection and advancement, our trade interests in China has [become subordinated to our national Uplift activities. "American invest, [ments in Ohina are-now revealed totalling -#150,000,000, of which $80,000,000. represents missionary fand uplift properties. Of the joint.enterprises in that country. For many years, British registered companies in China had been exempt! from income and other taxation and as a result Chinese capital flowed. into their enterprises. Americans were handicapped in this competition for Chinese capital in establish-jing new factories and industrial plants, so they started the campaign which finally resulted in the passage of the China Trade Act, which, aniongst other things, ex-tempted them from taxation and placed them on an equal basis wit the British, You will recall that. there was great rejoicing in thi country when that bill was enacted into law. The whole country approved of it. The Chinese Government cordially endorsed this programme, ard.conducted a pro. paganda campaign of its own. bring Americans into China, As a result, many American firms answered the call and established themselves in Shanghai and other treaty fowed
Text read from the printed page and cleaned; old type leaves the occasional error.